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ਜੂਨ 18, 2021
RBI grants “In-principle” approval to Centrum Financial Services Limited to set up a Small Finance Bank
The Reserve Bank of India (RBI) has today decided to grant “in-principle” approval to Centrum Financial Services Limited (the applicant) to set up a small finance bank under general “Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector” dated December 5, 2019. The RBI would consider granting a licence for commencement of banking business under Section 22 (1) of the Banking Regulation Act, 1949, on being satisfied that the applicant has compli
The Reserve Bank of India (RBI) has today decided to grant “in-principle” approval to Centrum Financial Services Limited (the applicant) to set up a small finance bank under general “Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector” dated December 5, 2019. The RBI would consider granting a licence for commencement of banking business under Section 22 (1) of the Banking Regulation Act, 1949, on being satisfied that the applicant has compli
ਜੂਨ 14, 2021
Extension of time to give feedback and Suggestions to the Group of Advisors to Regulations Review Authority 2.0
The Reserve Bank of India has set up a Regulations Review Authority (RRA 2.0), initially for a period of one year from May 01, 2021, vide press release dated April 15, 2021. 2. A Group of Advisors (GoA) to assist RRA was also constituted on May 07, 2021. To undertake its preparatory work, the Group has invited feedback and suggestions from all regulated entities, industry bodies and other stakeholders. The last date for sending the suggestion and feedback to the Group
The Reserve Bank of India has set up a Regulations Review Authority (RRA 2.0), initially for a period of one year from May 01, 2021, vide press release dated April 15, 2021. 2. A Group of Advisors (GoA) to assist RRA was also constituted on May 07, 2021. To undertake its preparatory work, the Group has invited feedback and suggestions from all regulated entities, industry bodies and other stakeholders. The last date for sending the suggestion and feedback to the Group
ਜੂਨ 04, 2021
Scheduled Banks’ Statement of Position in India as on Friday, May 21, 2021
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 22-May-20 07-MAY-2021 * 21-MAY-2021 * 22-May-20 07-MAY-2021 * 21-MAY-2021 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 254678.06 174611.37 173435.07 260015.56 179158.96 177916.68 ** b) Borrowings from banks 67207.21 68178.13 46076.96 67247.21 68274.56 46084.21 c) Other demand & time liabilities 17410.68 18624.34 18270.47 17564.2 18895.45
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 22-May-20 07-MAY-2021 * 21-MAY-2021 * 22-May-20 07-MAY-2021 * 21-MAY-2021 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 254678.06 174611.37 173435.07 260015.56 179158.96 177916.68 ** b) Borrowings from banks 67207.21 68178.13 46076.96 67247.21 68274.56 46084.21 c) Other demand & time liabilities 17410.68 18624.34 18270.47 17564.2 18895.45
ਮਈ 31, 2021
Marginal Cost of Funds Based Lending Rate (MCLR) for the month May 2021
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of May 2021. Ajit Prasad Director Press Release: 2021-2022/292
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of May 2021. Ajit Prasad Director Press Release: 2021-2022/292
ਮਈ 25, 2021
RBI Governor meets MD & CEOs of select Private Sector Banks over Video Conference
The Governor, Reserve Bank of India (RBI) held a meeting with the MD & CEOs of select Private Sector Banks on May 25, 2021 through video conference. The meeting was attended by Deputy Governors Shri M. K. Jain, Dr. Michael D. Patra, Shri M. Rajeshwar Rao and Shri T. Rabi Sankar. In his opening remarks, the Governor recognised the crucial role played by the private sector banks as important stakeholders in the Indian banking sector. He impressed upon the banks to q
The Governor, Reserve Bank of India (RBI) held a meeting with the MD & CEOs of select Private Sector Banks on May 25, 2021 through video conference. The meeting was attended by Deputy Governors Shri M. K. Jain, Dr. Michael D. Patra, Shri M. Rajeshwar Rao and Shri T. Rabi Sankar. In his opening remarks, the Governor recognised the crucial role played by the private sector banks as important stakeholders in the Indian banking sector. He impressed upon the banks to q
ਮਈ 24, 2021
Scheduled Banks’ Statement of Position in India as on Friday, May 07, 2021
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 08-MAY-2020 23-APR-2021 * 07-MAY-2021 * 08-MAY-2020 23-APR-2021 * 07-MAY-2021 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 258488.51 184447.7 174614.88 263897.72 189237.23 179162.47 ** b) Borrowings from banks 66600.99 57129.63 68178.7 66601.03 57136.63 68275.13 c) Other demand & time liabilities 16139.11 18509.28 18644.3 16288.27 18710.
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 08-MAY-2020 23-APR-2021 * 07-MAY-2021 * 08-MAY-2020 23-APR-2021 * 07-MAY-2021 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 258488.51 184447.7 174614.88 263897.72 189237.23 179162.47 ** b) Borrowings from banks 66600.99 57129.63 68178.7 66601.03 57136.63 68275.13 c) Other demand & time liabilities 16139.11 18509.28 18644.3 16288.27 18710.
ਮਈ 19, 2021
RBI Governor meets MD & CEOs of Public Sector Banks over Video Conference
The Governor, Reserve Bank of India (RBI) held meetings with the MD & CEOs of Public Sector Banks on May 19, 2021 through video conference. The meeting was attended by Deputy Governors Shri M. K. Jain, Shri M. Rajeshwar Rao, Dr. Michael D. Patra and Shri T. Rabi Sankar. In his opening remarks, the Governor acknowledged the important role being played by PSBs in extending various banking facilities including credit facilities to individuals and businesses while tac
The Governor, Reserve Bank of India (RBI) held meetings with the MD & CEOs of Public Sector Banks on May 19, 2021 through video conference. The meeting was attended by Deputy Governors Shri M. K. Jain, Shri M. Rajeshwar Rao, Dr. Michael D. Patra and Shri T. Rabi Sankar. In his opening remarks, the Governor acknowledged the important role being played by PSBs in extending various banking facilities including credit facilities to individuals and businesses while tac
ਮਈ 07, 2021
Scheduled Banks’ Statement of Position in India as on Friday, April 23, 2021
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 24-APR-2020 09-APR-2021* 23-APR-2021* 24-APR-2020 09-APR-2021* 23-APR-2021* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 243507.26 190701.59 184447.23 248986.3 195573.34 189236.76** b) Borrowings from banks 64521.43 47785.11 57129.8 64521.43 47795.86 57136.8 c) Other demand & time liabilities 15717.35 17877.32 18509.28 15863.05 18078.66 18
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 24-APR-2020 09-APR-2021* 23-APR-2021* 24-APR-2020 09-APR-2021* 23-APR-2021* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 243507.26 190701.59 184447.23 248986.3 195573.34 189236.76** b) Borrowings from banks 64521.43 47785.11 57129.8 64521.43 47795.86 57136.8 c) Other demand & time liabilities 15717.35 17877.32 18509.28 15863.05 18078.66 18
ਮਈ 07, 2021
Group of Advisors to Regulations Review Authority invites feedback and suggestions
The Reserve Bank of India has set up a Regulations Review Authority (RRA 2.0), initially for a period of one year from May 01, 2021, vide press release dated April 15, 2021. The RRA will review the regulatory prescriptions internally as well as by seeking suggestions from the RBI regulated entities and other stakeholders on their simplification and ease of implementation. 2. The RRA has constituted an Advisory Group, representing members from regulated entities, inclu
The Reserve Bank of India has set up a Regulations Review Authority (RRA 2.0), initially for a period of one year from May 01, 2021, vide press release dated April 15, 2021. The RRA will review the regulatory prescriptions internally as well as by seeking suggestions from the RBI regulated entities and other stakeholders on their simplification and ease of implementation. 2. The RRA has constituted an Advisory Group, representing members from regulated entities, inclu
ਮਈ 05, 2021
Governor’s Statement, May 5, 2021

As the financial year 2020-21 – the year of the pandemic – was drawing to a close, the Indian economy was advantageously poised, relative to peers. India was at the foothills of a strong recovery, having regained positive growth, but more importantly, having flattened the infections curve. In a few weeks since then, the situation has altered drastically. Today, India is fighting a ferocious rise in infections and mortalities. New mutant strains have emerged, causing s

As the financial year 2020-21 – the year of the pandemic – was drawing to a close, the Indian economy was advantageously poised, relative to peers. India was at the foothills of a strong recovery, having regained positive growth, but more importantly, having flattened the infections curve. In a few weeks since then, the situation has altered drastically. Today, India is fighting a ferocious rise in infections and mortalities. New mutant strains have emerged, causing s

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